Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 50.9 as on 23-03-2023
Fund Performance
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl Performance as on (23-Mar-23)
About the Fund
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anand Radhakrishnan, R. Janakiraman. The fund could potentially beat inflation in the long-run.
Key parameters
1) Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl has a NAV of ₹50.9435 as on 23-03-2023.
2) Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl has ₹4584 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 1.12 %.
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl Overview
 | 1.12% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹4584 Cr |
 | 1 January, 2013 |
 | ₹0/₹0 |
 | 0% |
 | 3 Years |
 TurnOver | 28.44% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
76.3%
Mid cap
12.8%
Small cap
7.4%
Sector Allocation
Financial Services
33.1%
Industrial
12.2%
Tech
12.1%
Consumer Cyclical
9.5%
Consumer Defensive
8.5%
Basic Materials
7.1%
Utilities
5.7%
Communication
5.2%
Energy
3.7%
Health
2.9%
Top Holdings of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl as on (28-Feb-23)
Equity Holdings50
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 HDFC Bank Ltd | 8.9% | -1.9% | |
 ICICI Bank Ltd | 8.76% | 0% | |
 Infosys Ltd | 6.49% | 0% | |
 Axis Bank Ltd | 5.52% | -6.3% | |
 Larsen & Toubro Ltd | 5.25% | -2.6% |
See all
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.93% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 0.29% in Feb'23
AUM Change
- AUM of the fund stands at 4.6K Cr as of Feb'23
- AUM decreased by 106.6 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Infosys Ltd's allocation increased from 6.15% to 6.54%
HCL Technologies Ltd's allocation increased from 2.75% to 3.11%
Tata Motors Ltd's allocation increased from 1.23% to 1.49%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.53 % to 8.34 %
Axis Bank Ltd's allocation decreased from 6.94 % to 5.95 %
Larsen & Toubro Ltd's allocation decreased from 5.31 % to 5.3 %
Large Cap allocation has gone up from 76.2% to 76.3%
Small Cap allocation has gone down from 7.8% to 7.4%
Mid Cap allocation has gone up from 12.4% to 12.8%
Cash allocation has gone down from 3.6% to 3.4%
Top 3 Sectors in February were Financial Services, Tech & Industrial
Feb'23
Financial Services
33%
Industrial
12%
Tech
12%
Jan'23
Financial Services
33%
Tech
12%
Industrial
11%
Gainers & Losers in Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
Voltas Ltd | 12.3% |
 Zomato Ltd | 11.1% |
 Tech Mahindra Ltd | 7.5% |
Top Losers | 1M Return |
|---|---|
 United Breweries Ltd | -8.2% |
 Infosys Ltd | -4.1% |
 Bharti Airtel Ltd | -3.5% |
Peer Analysis
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl Fund Manager
Anand Radhakrishnan
Fund Manager of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl, since 18 October 2021
Top funds managed
R. Janakiraman
Fund Manager of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl, since 2 May 2016
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.16% since inception which is more than its category average return of 12.28%
Fund Allocations
This fund has an allocation of 96.56% in Equity, 0% in Debt and 3.44% in Cash related instruments
AUM size ₹4584 Cr
This fund has AUM of ₹4584 Cr which is more than its category average of ₹ 2556 Cr
Expense Ratio 1.12%
This fund has an expense ratio of 1.12% which is less than its category average expense ratio of 1.57%
Frequently Asked Questions
The current NAV of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is 50.94 as on 23-Mar-2023.
Existing (Absolute + CAGR)
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -0.68% | -0.68% |
6 Month Returns | -10.05% | -10.05% |
1 Year Returns | -4.47% | -4.47% |
3 Years Returns | 96.85% | 25.33% |
5 Years Returns | 55.9% | 9.29% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.12 as on February 2023
4584 Cr as on February 2023
HDFC Bank Ltd(8.9%),ICICI Bank Ltd(8.76%),Infosys Ltd(6.49%),Axis Bank Ltd(5.52%),Larsen & Toubro Ltd(5.25%) as on February 2023
Financial Services(31.99%),Industrial(11.75%),Tech(11.68%) as on February 2023
The alpha ratio for the Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl | -5.55 | -1.97 | -1.56 |
As on February 2023
The alpha for Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl | 1.03 | 1 | 0.98 |
As on February 2023
The Beta for Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl | -0.38 | 0.51 | 0.26 |
As on February 2023
The sharpe ratio for Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl | 18.88 | 24.72 | 20.92 |
As on February 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.69 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anand Radhakrishnan,R. Janakiraman are the fund managers of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl
The Exit load of Franklin India Taxshield Direct Rnvstmnt of Inc Dist cum Cap Wdrl is 0%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.